Blockchain Hype Takes Hit as Chain Releases Code for All to Use – Bloomberg

Time to put the blockchain hype to the test. After a year of promises that the technology would revolutionize Wall Street, anyone can now download an entire blockchain specifically built for financial services.

Chain, the San Francisco-based startup that’s working with Visa Inc. and has made a presentation on the benefits of blockchain to Federal Reserve Chair Janet Yellen, just released to the public the 30,000 lines of open-source code that make up its Core Developer Series.

Software developers, engineers, traders and executives can now build and test any type of application they think will help improve efficiency in their business, said Adam Ludwin, Chain’s chief executive officer.

“Before today, most blockchain projects existed in PowerPoint presentations,” Ludwin said in an interview. “We’re releasing the culmination of two-and-a-half years of work.”

Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future.
He lives in London with a single android - a temperamental vacuum cleaner - but is looking forward to getting more cyborgs soon.